• Tech on USD/JPY

Market news

9 December 2010

Tech on USD/JPY

Resistance 3:Y85.90 (high of September)

Resistance 2:Y84.40 (Nov 29 high, Dec 1 and 2 high)

Resistance 1:Y84.150 (session high)

Current price: Y83.36

Support 1:Y83.60 (session low)

Support 2:Y83.30 (50,0 % FIBO Y82,20-Y84,30)

Support 3:Y82.30 (Dec 7 low, 50.0 % FIBO Y80,20-Y84,40)

Comments: the pair decreased. The nearest support - Y83,60. Below losses are possible to Y83.30. The nearest resistance - Y84,15. Above growth is possible to Y84.40.

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